Note: I only inserted (Stupid) in there to try to get a rise out of some folks. I will be the first to admit, I am no LaLo in this regard .
So Obama delivered his speech. He chastised the right for wanting to balance the budgtet on the backs of seniors, children and the poor.
Tea Partiers will be dissatisfied that he hasn't scratched the surface of the deficit.
But liberals are up in arms saying they will not give a dime to Obama's reelection campaign.
What do you think of Obama's proposal???
http://www.washingtonpost.com/business/ … _natlalert
I'd feel better if the cuts weren't just for the poor and senior citizens. I don't belong to either of these groups, but I think everyone should share the burden.
I heard someone say on one of the news channels, that if they just put back into effect the inheritance tax for estates over $5 million dollars that it would balance the budget with no cuts.
With an inheritance like that, they should be giving some to charity if not taxes. I wouldn't know what to do with it all.
When the answer to every problem is to raise taxes without serious effort given to cutting wasteful spending, I am not on board.
And this is not confined to Obama...recent GOP Presidents have done no better....
I understand the proposal cuts the deficit with way more cuts than taxes. The big point was that we need BOTH.
The second big point was that we. Don't need a plan which gives even BIGGER tax breaks to the richest Americans, paid for by seniors and students.
How about this.
Since there can never be a real government shutdown (we work and taxes are withheld and its shot to the feds to spend so there is never not revenue) we eliminate all federal income tax and force the government into a defacto balanced budget amendment.
Its not the money taken in thats not enough its the money being spent.
I know the libs would have a fit if we didn't spend money on things like
* $175 million a year so the Department of Veterans Affairs can maintain buildings it doesn’t use, including a pink, octagonal monkey house in Dayton, Ohio.
* a federal grant program can distribute $1 million to zoos to post bits of poetry to plaques on zoo premises.
* Monkton, VT, Conservation Commission can build a “critter crossing” for $150,000.
* $112 million in undeserved tax refunds to prisoners who filed fraudulent returns.
* $1.5 million worth of new toilets.
I guess these monies being spent are being put to good use?
Brilliant is absolutely right.
When you running for Prez Uncle Fester?
Wow Jim, you are on to something there! Cut that lot out and you should wipe out the whole deficit in around a thousand years or so.!
Thats just 5 of the 100 most useless expenditures by our government.
I know this will confuse you but eliminating those things would actually help in reducing the deficit.
Not that you care, you're British.
Every drop of foreign aid we send out. Congresses pensions,expense accounts and lifetime health care.Its called "public service not public gravy train".2 Trillion lost by pentagon on 9/10/2001.Two wars,no three. Every penny of "Interest" paid to the UN- Federal Reserve. There's a start
Your responses are every bit as impressive as your hubs.
by Barbara Badder 9 years ago
I'm curious what everyone thinks of the cuts planned to lower the deficit. In my opinion they are aiming them all at the elderly and poor. What does everyone else think?
by lady_love158 8 years ago
http://m.washingtontimes.com/news/2011/ … increases/Really, and people think this guy is a genius? Why does he insist on making ideological proposals that even his own party wont support? This president is beyond inept and incompetent, he's moronic!
by C.J. Wright 8 years ago
I've seen so much in this forum regarding Obama. With or without Obama the deficit is the largest issue in the US today. In the face of this truth, how can we afford more spending? Obviously we have to address budget cuts. With budget cuts alone we will only be able to pay the interest on this...
by Madison Miller 8 years ago
Could we fix our budget deficit by cutting back the Federal Government's budget by 1% per year...for the next 20 years?
by Ralph Deeds 7 years ago
Paul Krugman:" Back in 2010, self-styled deficit hawks — better described as deficit scolds — took over much of our political discourse. At a time of mass unemployment and record-low borrowing costs, a time when economic theory said we needed more, not less, deficit spending, the scolds...
by Ralph Deeds 6 years ago
http://www.nytimes.com/2013/03/31/opini … ef=opinionSocial Security, Present and FutureBy THE EDITORIAL BOARDPublished: March 30, 2013 6 Comments"In the fight over the federal budget deficit, Social Security has so far been untouched. That may soon change.Today's Editorials"In last...
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